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• Wednesday, March 27th, 2013

Soft drink giant Coca Cola has announced it plans to cut 750 jobs in the US in the coming months.

The news was announced on Thursday and will represent a one per cent cut of the company’s current work force in North America.

The job cuts are due to the company wanting to streamline the business after an acquisition made in 2010. It’s been suggested the company is also looking to reduce its regional distribution activity.

The move is also thought to be a part of the company’s development process as a statement released by Coca Cola mentioned it plans to ‘improve structures, processes and systems.’

There are currently 75,000 Coca Cola jobs in North America. It has been estimated that a quarter of the job cuts will be in Atlanta (where Coke originates from) although it’s not yet known when they will take place.

Coca Cola, established in 1886, remains the largest soft drinks maker in the world.


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